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Generic domain based a real dictionary word which makes it a highly valuable name.
The name "Chastise" has eight letters and only two syllables. Two-syllable names are highly rare and highly prestigious. Examples of popular two syllable names include Ikea, Hilton and Twitter.
This domain was first registered in November 1998. Older domains have an advantage when ranking in search engines.
Chastise.com is a dot-com domain. Dot com domains are the most valued domain extension in the world, famously used by websites like facebook.com. When most people think of a website, they think of a dot-com.